141 E Rhine St, Elkhart Lake, WI 53020 (MLS # 1965963)

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PRICE $824,999 dsIDX morgage calculator
SIZE 2,238 sqft
LOT SIZE 5,663 sqft

This versatile commercial/residential rental property offers strong income potential and an unbeatable location in the heart of Elkhart Lake. The main and lower levels are currently rented, generating $3k per month on a month-to-month lease. The upper unit features 3 beds, 2 full baths and a beautiful sun porch/four-season room. During June through September, the upper unit operates successfully as an Airbnb. From October through May, it is rented to traveling nurses for $1,700/month. For owner-occupants, this property presents a unique opportunity to live in the upper unit while benefiting from rental income from the lower levels. Enjoy Elkhart Lake lifestyle, with downtown restaurants, shops and attractions all within walking distance. Also close to Road America and golf courses!

LAST UPDATED 6/5/2026 YEAR BUILT 1920
COUNTY Sheboygan STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
BASEMENT Full, Yes
CONSTRUCTION Aluminum Siding, Vinyl Siding, Wood Siding
INTERIOR Rest Rooms
LOT 5663 sq ft
LOT DIMENSIONS 0.13
SEWER Public Sewer
TAXES 6195
WATER Public
ZONING Com
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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*Estimate only
Listed with RE/MAX Universal
Metro Wisconsin

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This IDX solution is (c) Diverse Solutions 2026.


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